20231030-西南证券-零售＆美容护理行业2023Q3基金持仓分析_零售持仓稳中有升_化妆品占比提升明显_14页_2mb

2023Q3 Fund Holding Analysis in Retail & Beauty Care Industry

Retail Industry

• Fund holding市值 in retail reached 1587 billion yuan in Q3 2023, up 73% from the previous quarter.
• Overperformance widened slightly to -0.73%,环比 improving by 0.003 percentage points.
• Sub-sectors: Cross-border e-commerce increased 38% in value, duty-free decreased 25%, and home furniture retail showed minimal change.
• Key holdings: Top funds weighted toward companies like China Duty Free and others, with strong gains in online retail.

Beauty Care Industry

• Fund holding in beauty care dropped to 411 billion yuan in Q3 2023, falling 718% compared to Q2.
• Overperformance declined to -0.22%,-环比 down by 0.035 percentage points.
• Cosmetics sub-sector saw its holding rise in share, reaching 76.7% of total beauty care, with significant fund interest.
• Overall, cosmetic brands gained prominence despite sector-wide declines.